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It is often assumed that recent success in the high-technology software industry will lead India's development. However, evidence suggests that basic manufacturing industry is stagnant. This paper proposes a mechanism that ties these two trends together. A big-push type of model, featuring...
Persistent link: https://www.econbiz.de/10010321626
microdata. We find that invention and manufacturing developed similarly in cities closer to and farther from universities in the …
Persistent link: https://www.econbiz.de/10013479452
new technological paradigm, which delayed their industrialization and, hence, their take-off to a state of sustained … development in the agricultural stage but has had a negative impact on income per capita in the course of industrialization; and … economic development in the process of industrialization. …
Persistent link: https://www.econbiz.de/10010284033
This research explores the effect of industrialization on the process of development. In contrast to conventional … steam engines across French departments during the early phases of industrialization, the research establishes that … intensive industrialization in the middle of the 19th century increased income per capita in the subsequent decades but …
Persistent link: https://www.econbiz.de/10012058637
This research explores the long-run effect of industrialization on the process of development. In contrast to … subsequent decades. Nevertheless, early industrialization had an adverse effect on income per capita, employment and equality by … that the characteristics that permitted the onset of industrialization, rather than the adoption of industrial technology …
Persistent link: https://www.econbiz.de/10011526712
The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional … views early industrialization as a predominantly deskilling process, the industrial revolution was conducive for human …
Persistent link: https://www.econbiz.de/10011526713
The research provides the first empirical examination of the hypothesized effect of industrialization on the fertility … establishes that industrialization was a major catalyst in the fertility decline in the course of the demographic transition …. Moreover, the analysis further suggests that the contribution of industrialization to the decline in fertility plausibly …
Persistent link: https://www.econbiz.de/10011526716
industrialization and, thereby, their take-off to a state of sustained economic growth. The theory contributes to the understanding of … innovation and their ability in fostering industrialization, the proposed theory suggests that the desirable degree of the …
Persistent link: https://www.econbiz.de/10010318954
This paper analyses macroeconomic aspects of exit from aid-dependence. By 'exit from aid', we mean substantial and enduring decline over time in Official Development Assistance (ODA) as a share of Gross Domestic Product (GDP). The relevant macroeconomic variables are identified by systematically...
Persistent link: https://www.econbiz.de/10010293266
Several countries around the world have adopted the inflation targeting regime for monetary policy. Despite the growing literature on the issue, it is not clear whether developing and emerging countries can improve their economic performance by adopting inflation targeting. This working paper...
Persistent link: https://www.econbiz.de/10010293308